Philidor Rx Services Comments on Network Pharmacy Relationships

October 21, 2015 07:10 PM Eastern Daylight Time

HATBORO, Pa.--(BUSINESS WIRE)--Philidor Rx Services today responded to public comments addressing its
relationships with various pharmacies.

Philidor Rx Services is a licensed pharmacy in the Commonwealth of
Pennsylvania and is licensed as non-resident pharmacy in 45 other states
and the District of Columbia. Philidor processes prescriptions,
dispenses medications to patients, and provides administrative services
to other pharmacies in its network of pharmacies. Philidor also offers
co-pay card administration services to pharmaceutical manufacturers and
currently manages such a program for Valeant.

Philidor has contractual relationships with the affiliated pharmacies,
such as R&O Pharmacy, under which we provide those services. Philidor
does not currently have a direct equity ownership in R&O Pharmacy or the
affiliated pharmacies, but does have a contractual right to acquire the
pharmacies now or in the future subject to regulatory approval.